SA Stock Analysis: Seabridge Gold | NYSE

Gold | NYSE, USA | Market Cap: 2.668m USD | 12M Return: 67.1% | Charts, Fundamentals & Technical Analysis

Gold, Silver, Copper, Molybdenum
Total Rating 33
Safety 50
Buy Signal -0.38
Gold
Industry Rotation: +15.7
Market Cap: 2.67B
Avg Turnover: 13.5M
Risk 3d forecast
Volatility68.5%
VaR 5th Pctl11.6%
VaR vs Median3.11%
Reward TTM
Sharpe Ratio1.00
Rel. Str. IBD45.4
Rel. Str. Peer Group69.4
Character TTM
Beta1.405
Beta Downside1.471
Hurst Exponent0.488
Drawdowns 3y
Max DD52.51%
CAGR/Max DD0.52
CAGR/Mean DD1.50
EPS (Earnings per Share) EPS (Earnings per Share) of SA over the last years for every Quarter: "2021-06": 0.15, "2021-09": -0.01, "2021-12": -0.11, "2022-03": -0.06, "2022-06": 0.19, "2022-09": 0.05, "2022-12": -0.31, "2023-03": -0.1, "2023-06": 0.08, "2023-09": -0.04, "2023-12": -0.06, "2024-03": -0.09, "2024-06": 0.51, "2024-09": -0.2255, "2024-12": -0.3218, "2025-03": 0.0766, "2025-06": 0.087, "2025-09": -0.23, "2025-12": -0.44, "2026-03": -0.09,
Last SUE: -0.17
Qual. Beats: 0
Revenue Revenue of SA over the last years for every Quarter: 2021-06: 0, 2021-09: 0, 2021-12: 0, 2022-03: 0, 2022-06: 0, 2022-09: 0, 2022-12: 0, 2023-03: 0, 2023-06: 0, 2023-09: 0, 2023-12: 0, 2024-03: 0, 2024-06: 0, 2024-09: 0, 2024-12: 0, 2025-03: 0, 2025-06: 0, 2025-09: 0, 2025-12: 0, 2026-03: 0,
Last SUE: 0.00
Qual. Beats: 0

Warnings

Interest Coverage Ratio Critical
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan -0.0% 2
Feb -6.2% 0
Mar +0.5% 5
Apr -1.1% 0
May +0.6% 11
Jun -4.7% 17
Jul +6.3% 65
Aug +0.2% 8
Sep -2.5% 20
Oct +0.2% 5
Nov -0.6% 2
Dec -0.0% 11

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: SA Seabridge Gold

Seabridge Gold Inc. (NYSE: SA) is a Canada-based mining company that focuses on the acquisition and exploration of gold properties across North America. While gold is its primary target, the company also explores for silver, copper, and molybdenum deposits. The company is headquartered in Toronto and has been listed on the NYSE since 2004.

The company operates as a junior mining company, meaning it is primarily focused on exploration and resource development rather than active mineral production. As a member of the Materials sector under the GICS classification, Seabridge Gold falls within the Gold sub-industry, which includes companies engaged in gold mining and related exploration activities. The company was originally incorporated in 1979 under the name Seabridge Resources Inc. and adopted its current name in June 2002.

Headlines to Watch Out For
  • KSM copper-gold project advances toward BC permitting milestone
  • Gold price rally lifts Seabridge resource valuation
  • Capital raise dilutes shares to fund KSM development
Piotroski VR-10 (Strict) 0.0
Net Income: error (cannot be calculated; needs Net Income TTM and Revenue TTM)
FCF/TA: -0.09 > 0.02 and ΔFCF/TA -2.88 > 1.0
NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev)
CFO/TA -0.01 > 3% & CFO -18.1m > Net Income -70.4m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 6.71 > 1.5 & < 3
Outstanding Shares: last quarter (107.1m) vs 12m ago 11.55% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 0.0% > 50% (prev 0.0%; Δ 0.0% > 0%)
Interest Coverage Ratio: -161.1 > 6 (EBIT TTM -87.6m / Interest Expense TTM 544k)
Altman Z'' 1.98
A: 0.11 (Total Current Assets 232.0m - Total Current Liabilities 34.6m) / Total Assets 1.80b
B: -0.15 (Retained Earnings -278.4m / Total Assets 1.80b)
C: -0.05 (EBIT TTM -87.6m / Avg Total Assets 1.70b)
D: 2.01 (Book Value of Equity 1.21b / Total Liabilities 598.6m)
Altman-Z'' = 1.98 = BBB
What is the price of SA shares?

As of July 28, 2026, the stock is trading at USD 26.22 with a total of 301,537 shares traded. Over the past week, the price has changed by +5.77%, over one month by +3.39%, over three months by -13.15% and over the past year by +67.11%.

Current recommended Stop Loss: 22.90 (which is 12.7% or 2 ATR below the current price).

Is SA a buy, sell or hold?

Seabridge Gold has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy SA.

  • StrongBuy: 2
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the SA price?
Analysts Target Price 63 140.3%
Seabridge Gold (SA) - Fundamental Data Overview as of 22 July 2026
Market Cap USD = 2.67b (2.67b USD * 1.0 USD.USD)
Market Cap CAD = 3.76b (2.67b USD * 1.4075 USD.CAD)
P/E Forward = 6.1162
P/B = 3.1301
P/EG = 5.3988
Revenue TTM = 0.0 CAD
EBIT TTM = -87.6m CAD
EBITDA TTM = -87.5m CAD
Long Term Debt = 557.4m CAD (from longTermDebt, last quarter)
Short Term Debt = 1.07m CAD (from shortTermDebt, last quarter)
Debt = 562.2m CAD (from shortLongTermDebtTotal, last quarter) + Leases 1.66m
Net Debt = 417.2m CAD (calculated: Debt 562.2m - CCE 145.0m)
Enterprise Value = 4.17b CAD (3.76b + Debt 562.2m - CCE 145.0m)
Interest Coverage Ratio = -161.1 (Ebit TTM -87.6m / Interest Expense TTM 544k)
EV/FCF = -25.57x (Enterprise Value 4.17b / FCF TTM -163.2m)
FCF Yield = -3.91% (FCF TTM -163.2m / Enterprise Value 4.17b)
 FCF Margin = unknown (Revenue TTM is 0 or missing)
 Net Margin = unknown
 Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 232k) / Revenue TTM)
 Tobins Q-Ratio = 2.31 (Enterprise Value 4.17b / Total Assets 1.80b)
Interest Expense / Debt = 0.10% (Interest Expense 544k / Debt 562.2m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -69.2m (EBIT -87.6m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 6.71 (Total Current Assets 232.0m / Total Current Liabilities 34.6m)
Debt / Equity = 0.47 (Debt 562.2m / totalStockholderEquity, last quarter 1.21b)
 Debt / EBITDA = -4.77 (negative EBITDA) (Net Debt 417.2m / EBITDA -87.5m)
 Debt / FCF = -2.56 (negative FCF - burning cash) (Net Debt 417.2m / FCF TTM -163.2m)
 Total Stockholder Equity = 1.10b (last 4 quarters mean from totalStockholderEquity)
RoA = -4.14% (Net Income -70.4m / Total Assets 1.80b)
RoE = -6.39% (Net Income TTM -70.4m / Total Stockholder Equity 1.10b)
RoCE = -5.28% (EBIT -87.6m / Capital Employed (Equity 1.10b + L.T.Debt 557.4m))
 RoIC = -3.91% (negative operating profit) (NOPAT -69.2m / Invested Capital 1.77b)
 WACC = 9.52% (E(3.76b)/V(4.32b) * Re(10.93%) + D(562.2m)/V(4.32b) * Rd(0.10%) * (1-Tc(0.21)))
Discount Rate = 10.93% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 98.37 | Cagr: 11.11%
 [DCF] Fair Price = unknown (Cash Flow -163.2m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.17 | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: 0.0 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.04 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS next Quarter (2026-09-30): EPS=-0.04 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=-0.14 | Chg30d=+21.26% | Revisions=+0% | GrowthEPS=+64.2% | GrowthRev=+0.0%
EPS next Year (2027-12-31): EPS=-0.23 | Chg30d=+1.07% | Revisions=+0% | GrowthEPS=-68.6% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: +0% (up=0, down=0)